EUR/JPY Bullish Momentum With A 2% Jump In The Last 21 Sessions

(VIANEWS) – EUR/JPY (EURJPY) has been up by 2.73% for the last 21 sessions. At 21:08 EST on Thursday, 4 May, EUR/JPY (EURJPY) is $147.87.

EUR/JPY’s yearly highs and lows, it’s 11.388% up from its 52-week low and 1.678% down from its 52-week high.

Volatility

EUR/JPY’s last week, last month’s, and last quarter’s current intraday variation average was 1.41%, 0.44%, and 0.60%, respectively.

EUR/JPY’s highest amplitude of average volatility was 1.41% (last week), 0.65% (last month), and 0.60% (last quarter), respectively.

Forex Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, EUR/JPY’s Forex is considered to be overbought (>=80).

Previous days news about EUR/JPY (EURJPY)

  • Eur/jpy price analysis: bearish engulfing chart pattern triggers a fall, alongside fed’s decision. According to FXStreet on Wednesday, 3 May, "Despite the ongoing correction on the pair, the EUR/JPY remains upward biased, which dragged the exchange rate 250 pips lower from its yearly highs. ", "If EUR/JPY sellers would need to extend their gains, the pair must fall and reclaim last year’s high of 148.40, and once cleared, the next support in play would be the 20-day EMA at 147.57. "

More news about EUR/JPY (EURJPY).

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